Mumbai Soaring crude prices and pressure back home to keep rates lower is forcing government-run hydrocarbon firms to diversify into non-oil and gas sectors.

Oil & Natural Gas Corporation (ONGC), which supplies crude to oil refiners at a lower price as part of a government subsidy plan, said its board has approved a plan to enter nuclear power and will soon start discussions with the Nuclear Power Corporation of India (NPCIL) for partnering their projects.

Mumbai Stung by widespread criticism of alleged lax standards in conducting clinical trials in the country, clinical research organisations (CROs), which conduct human drug trials on behalf of pharma companies, have resorted to technology to make the process more transparent.

For the first time in India, some CROs and a few pharma companies have begun filming the process of ‘informed consent’ — the industry lingo for volunteers in trials being informed of the risks and agreeing to the trial process.

Mumbai The consortium comprising Gujarat State Petroleum Corporation (GSPC), Oil and Natural Gas Corporation (ONGC), Bharat Petroleum (BPCL) and Oil India (OIL) is likely to sweeten its bid for Bri